In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
Sen. Bill Hagerty, a member of the Senate Banking Committee from the Republican party, advocates for a more comprehensive examination of the relationship between the securities regulator and the digital assets sector.
Gathering all the Republican members of his panel, Patrick McHenry, who serves as the Chair of the House Financial Services Committee, led an inquiry with the SEC and FINRA regarding the distinctive standing of the company.
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